BOWIE EDUCATIONAL FOUNDATION (EIN 752115489) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

MARGIN STOVALL LATHAM

Phone

9408721222

Tax Period

2023-01-01 to 2023-12-31

BOWIE EDUCATIONAL FOUNDATION, founded in 1985, is a micro nonprofit that reported $95K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $38K, a strong 40% operating margin.

Mission

LINE 1 - ORGANIZATIONS MISSION OR MOST SIGNIFICANT ACTIVITIES THIS ORGANIZATION MAINTAINS A CONTINUOUS PROGRAM FOR SOLICIATION OF FUNDS FROM THE GENERAL PUBLIC, EXPECIALLY EX-STUDENTS OF BOWIE HIGH SCHOOL, FOR THE PURPOST OF FUNDING SCHOLARSHIPS FOR STUDENTS GRADUATING FROM BOWIE HIGH SCHOOL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,545

Program Service Revenue $0

Investment Income $68,325

Other Revenue $4,070

TOTAL REVENUE $94,940

Expense Breakdown

Grants Paid $56,875

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,875

Other Expenses $517

TOTAL EXPENSES $57,392

Year-over-Year Comparison

	2023	2022	Change
Revenue	$94,940	$106,153	-0.1%
Expenses	$57,392	$53,594	+0.1%
Net Income	$37,548	$52,559	-0.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGIN STOVALL LATHAM	PRESIDENT	0.50	Officer	$0	$0	$0
RICHARD STEPHENS	VICE- PRESID	0.50	Officer	$0	$0	$0
RUTH EVANS CORDELL	SECRETARY	0.50	Officer	$0	$0	$0
ALAN MILLER	TREASURER	1.00	Officer	$0	$0	$0
CARLA SWOFFORD	DIRECTOR	0.50	Director	$0	$0	$0
RONNIE HANKINS	DIRECTOR	0.50	Director	$0	$0	$0
WARD WALLACE	DIRECTOR	0.50	Director	$0	$0	$0
TIM HALL	DIRECTOR	0.50	Director	$0	$0	$0
TODD BROWN	DIRECTOR	0.50	Director	$0	$0	$0
KRISTA DUVALL	DIRECTOR	0.50	Director	$0	$0	$0
JOSH SWINT	DIRECTOR	0.50	Director	$0	$0	$0
ROB HANKINS	DIRECTOR	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$94,940	$57,392	$1,180,557	$37,548
2022	$106,153	$53,594	$1,143,009	$52,559
2021	$131,961	$52,210	$1,090,450	$79,751
2020	$100,704	$37,435	$1,010,699	$63,269

BOWIE EDUCATIONAL FOUNDATION